Blackstone Commercial
Sales, Property Management, Business Brokerage, Leasing of – Retail, Industrial, Office and Residential Real Estate.
Our Property Management Team offers a hands-on approach to day-to-day management of our client’s real estate. Blackstone’s capacity as a Property Management company ranges in property types from Retail, to Industrial, Office, and Residential, with services ranging from Financial Records & Reporting, Preventative Maintenance, Facility/Property Operations, Design/Construction Development, Leasing, Renewals, and Disposition.
Sales & Leasing
- Databases of recent lease and sale transactions to facilitate renewal negotiations
- Marketing teams specializing in retail, office, and industrial leasing
- Up-to-date market information on all comparable available premises
- Template leases, offers to lease, letters of intent, renewal agreements
- In-house review of current and acceptable market standards for varying lease terms
Property Management
- Rent collection
- Payment of budgeted expenses
- General maintenance
- Management of contract employees
- Monthly reporting of tenant and maintenance issues/concerns
- Monthly review report by building operator of building systems
- Annual operational cost budgeting
- Re-measurements of premises using current BOMA standards
Asset Management
- Competitive bidding process
- Argus run cashflow analysis
- Detailed information package & presentation
- Offering memorandums
- Completed dispositions of +/- $500,000,000 worth of commercial properties to pension funds, REIT’s, public and private real estate companies
Construction Management
- Obtain Development and Building Permits systems reports
- Contract and coordinate trades
- General drafting design
- Coordination of engineering and architectural professionals
- Submission of plans to governmental and planning authorities
- Ground up construction
- Facade renovations
- Re-paving of parking lots
- Roof replacement
- Tenant improvements
- Common area and washroom upgrades
Business Brokerage
- Buying & Selling Expertise
- Access to a National Network
- Confidentiality & Discretion
- Accurate Business Valuation
- Skilled Negotiators
- Due Diligence Support
- Deal Structuring
- Seamless Transition
- Time Savings